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Economy And The Numbers

UK House Prices Fall 4 Months Amid Squeeze On Spending: Halifax

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

House prices in the United Kingdom declined for the fourth successive month in December, as the increasing cost of living along with high interest rates led to an overall slowdown in the housing market, survey data from the Lloyds Bank subsidiary Halifax showed on Friday.

The house price index dropped 1.5 percent month-on-month in December, following a 2.4 percent decrease in the prior month.

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